According to the public record, 7, Marlborough Avenue, Reading is a period freehold house with 1,496 ft2 of internal area and sits on a 231 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marlborough Avenue, Reading, RG1 is located within the RG1 postal district.
7, Marlborough Avenue, Reading has a single entry in the Land Registry database from September 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Marlborough Avenue Reading as £598,213 and the rental value as £2,197 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 7 Marlborough Avenue Reading has decreased by £15,313 (2.6%) and its rental value has increased by £67 per month (3.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Marlborough Avenue, Reading is in very good condition we estimate a sale value of £628,124 and rental value of £2,307 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,338 and a rental value of £2,043 per month.
If you were able to purchase this property for the estimated value of £598,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,940 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 7, Marlborough Avenue, Reading sits on a plot of 231m2.
We have plot size data on 7 out of 20 other houses in the postcode and 7, Marlborough Avenue, Reading sits on the 4th largest plot.
According to HM Land Registry, 7, Marlborough Avenue, Reading was last sold on 21 Sep 2023 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2023, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Marlborough Avenue, Reading within a radius of 480 metres over the last 2 years.
The most recent example is 21, Marlborough Avenue, Reading, RG1 5JB, a Freehold house which sold for £640,000 in Feb 2021.
Read more about house prices in RG1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marlborough Avenue, Reading, RG1 has a total of 62 addresses. According to our analysis of all the public data, 7, Marlborough Avenue, Reading is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £302k more expensive than the average property in RG1.
7, Marlborough Avenue, Reading has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Apr 2023.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 7, Marlborough Avenue, Reading is Reading station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Marlborough Avenue, Reading, 44.1% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Marlborough Avenue, Reading, 69.0% of residents are recorded as possessing school level qualifications and 42.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Marlborough Avenue, Reading, the average age was 33.9 and the most common age was 22.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Marlborough Avenue, Reading, 1.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Marlborough Avenue, Reading, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.